GroundRules
N.Y. Public Authorities Law § 1039: Exemption from taxation
Where this section sits in the code
- Public Authorities Law
- Article 5. Public Utility Authorities
- Title 2. Albany Light, Heat and Power Authority
* § 1039. Exemption from taxation. The real and personal property of
the authority shall be exempt from all taxation, and so shall all of its
activities and operations, except that the owners of its bonds and other
obligations shall be subject to transfer and estate taxes.
* NB Terminated July 1, 1963
Collected 2026-09-14T19:32:45Z. Source file · JSON